Renault Samsung aims to become no. 3 carmaker in Korea by 2016

Renault Samsung Motors has set its sights on becoming Korea's number three carmaker by the year 2016,... up from its current number five spot. Korea's automobile unit of the French automaker Renault announced its strategic vision on Wednesday... including plans to boost sales from 131-thousand vehicles sold in 2013,... to more than 200-thousand in 2016. That would represent a 70 percent hike. The CEO of Renault-Nissan Alliance,... Karlos Ghosn ,... said the Renault Samsung headquarters in Busan is performing above average, but that improvements in productivity were needed to meet the goal. He also hinted that the company will make a stronger push in the electric car market,... saying that the technology is there, and that the time to take advantage of it... is now.